So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Got stopped out of USO last week just as crude got whooped.
Looks like Barry's got it locked. Thus the risk trade remains and should into 2013. A few small traps for the bears aside, I don't think...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Dow Jones Industrial Average (daily) Jan - July 2012
http://i96.photobucket.com/albums/l173/barnz008/DJIAJan-July2012.png
Intrade "Barack Obama to be re-elected President in 2012" Jan - July...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Ok, fine.
This thread is about taking a risk trade or gambling on trend data. How are you going to profit from your take?
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Took 3/4 profit at $36.33 as crude hit the 200 SMA (USO doesn't track exactly). Still have 1/4 position as lottery tickets. Don't like the look of the tape here.
Barry starting to roll. Note the...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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More specifically on the Barry-Crude connection.
http://i96.photobucket.com/albums/l173/barnz008/ScreenShot2012-08-10at34342PM.png
Would you look at that. That's a snapshot from May until the...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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I'm not sure about this second part. It's getting easier and easier to argue that the stock market is detached from economic fundamentals. In other words, a rising market doesn't necessarily feed...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Barnz008 is one of the most trusted stock expert on this here forum.
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Here's another volatile risk play that will move based on perceived election results.
Smith and Wesson (SWHC)
http://i96.photobucket.com/albums/l173/barnz008/ScreenShot2012-10-09at123053PM.png
...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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Everything can change in a blink of an eye when bots got to battle. Look at what happened after last week's debate. Things got a little ahead of themselves.
That said, I still wouldn't want to be...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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I love the smell of profit in the morning.
Good ole Intrade, calls it months in advance and goes 49/50 on the individual states (FLA still to count all ballots, actually) and nails the electoral...
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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I love the correlation lol blows my mind how you more seasoned stock players know so much more and can do all these charts etc (just started trading, still in school)
So you want to gamble on the election, eh?
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Thread created 08-01-2012 by barnz008
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So is anyone taking this trade? What's your game plan, what are you buying and when?
If you haven't put the data together, essentially the election and future of the Obama White House is...